Crypto ATM market to hit $2.6b by 2032, survey shows

The global crypto ATM market, worth $87.35 million in 2023, is expected to grow at an average rate of 45.7% per year, reaching $2.58 billion by 2032.

The global crypto ATM market, valued at $87.35 million in 2023, is expected to reach $2.58 billion by 2032, driven by the increasing adoption of Bitcoin (BTC), per the latest research report by Research and Markets.

The market’s growth is attributed to the increasing global acceptance of cryptocurrencies, with analysts saying that regulators are “implementing favorable regulations to promote their [cryptocurrencies] adoption.”

“Additionally, the increasing collaboration between crypto ATM providers and financial institutions is further driving the market…

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